Global Private Markets Outlook 2024

Acuity’s 22-year-long association with the private markets sector has afforded it in-depth knowledge of its activities. It conducted its 3rd year of survey on private market firms, gathering professional insights and opinions on how they are likely to fare in 2024 in terms of fundraising, dry powder, regulations, ESG considerations, private markets operations, investing areas, strategies, outsourcing, valuations and exits.

Key Takeaways

• Fundraising Trajectory: A notable 55% of firms are confidently set to embark on capital-raising ventures, reflecting an uplifted market sentiment.

• Embracing Operational Efficiency: The strategic adoption of outsourcing is on the rise, with 79% of firms considering it a pivotal part of expanding their deal teams in 2024.

• Activity Prioritization: Portfolio monitoring and deal-related activities continue to account for more than 50% of professionals’ time.

• Valuation Outlook: Amidst market fluctuations, 56% anticipate valuation stability, revealing a steady approach to market assessments.

• Investment and Exit Strategy: With 41% of professionals encountering considerable challenges in exit strategies, there’s a noted shift towards more prudent investment approaches.

• Regulatory Watch: As firms navigate changing compliance landscapes, 95% expect regulations to remain stringent.

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